Diamond Foods Appoints Raymond P. Silcock Chief Financial Officer

Diamond Foods Appoints Raymond P. Silcock Chief Financial Officer

Silcock Brings Over Twelve Years of Experience Serving as CFO of Food and
Beverage Industry Companies

SAN FRANCISCO, June 10, 2013 (GLOBE NEWSWIRE) -- Diamond Foods, Inc.
(Nasdaq:DMND) ("Diamond") today announced the appointment of Raymond P.
Silcock as Executive Vice President and Chief Financial Officer, effective
June 11, 2013. Mr. Silcock replaces Michael Murphy, who has served as Interim
Chief Financial Officer since February 8, 2012.

"We are pleased to have Ray join the Diamond team," said Brian Driscoll,
President and Chief Executive Officer of Diamond Foods. "He brings us
extensive food and beverage industry, financial operations and capital
structure experience. We look forward to leveraging his expertise, which
includes a strong track record of managing and improving finance and
accounting functions, as well as improving balance sheets, as we continue to
focus on the Company's strategy to drive long-term, profitable growth for our
shareholders."

"I am delighted to be joining Diamond Foods and look forward to working with
senior management and the finance and accounting teams as we seek to provide
continued strong financial oversight and enhanced financial performance as the
Company executes on its key initiatives, including driving margin expansion
and more sustainable topline growth," said Mr. Silcock. "I look forward to
taking part in and contributing to Diamond's future."

"On behalf of the Board, I would like to thank Mike Murphy for his
contributions to the Company over the past sixteen months, during which
Diamond has made tremendous strides," said Robert J. Zollars, Chairman of the
Board of Directors of Diamond Foods."We wish him well in his future
endeavors."

Mr. Silcock, 62, was most recently Chief Financial Officer of the Great
Atlantic & Pacific Tea Company.Prior to holding that position, Mr. Silcock
served as the Chief Financial Officer of several publicly and privately-held
companies in the food and beverage industry, including UST Inc., Swift &
Company and Delimex Holdings.Mr. Silcock was also Chief Financial Officer of
Cott Corporation for seven years, where he was instrumental in driving the
restructuring and turnaround of that business.Mr. Silcock began his career
with Campbell Soup Company in 1979 and spent the next eighteen years advancing
through financial management roles, culminating in his promotion to Vice
President, Finance for the Bakery and Confectionery Division.Mr. Silcock is a
member of the Board of Directors of Pinnacle Foods Corporation.He holds an
MBA from the Wharton School of the University of Pennsylvania and is a Fellow
of the Chartered Institute of Cost & Management Accountants (UK).

About Diamond Foods

Diamond Foods is an innovative packaged food company focused on building and
energizing brands including Kettle® Chips, Emerald® snack nuts, Pop Secret®
popcorn, and Diamond of California® nuts. Diamond's products are distributed
in a wide range of stores where snacks and culinary nuts are sold. For more
information visit our corporate web site: www.diamondfoods.com.

Forward-Looking Statements

This press release includes forward-looking statements, including statements
about financial oversight and performance, expanding margins, growth in
revenues, prospects for profitable growth and execution of the Company's
strategies.Actual results may differ materially from what we currently expect
because of many risks and uncertainties, including: Statements about
Diamond's key initiatives, including driving margin expansion and more
sustainable topline growth. We use the words "anticipate," "believe,"
"estimate," "expect," "intend," "plan," "seek," "may" and other similar
expressions to identify forward-looking statements. These forward-looking
statements are based on our assumptions, expectations and projections about
future events only as of the date of this press release, and we make such
forward-looking statements pursuant to the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995.We do not undertake any
obligation to update forward-looking statements to reflect events or
circumstances occurring after the date of this press release.Many of our
forward-looking statements are subject to trends and potential developments
discussed in the "Risk Factors" and "Management's Discussion and Analysis of
Financial Condition and Results of Operations" sections of the periodic
reports that we file with the SEC.Actual results may differ materially from
what we currently expect because of many risks and uncertainties, such as:
risks relating to our leverage and its effect on our ability to respond to
changes in our business, markets and industry; potential increases in the cost
of our debt; uncertainty about our ability to raise additional capital and the
possible dilutive impact of raising such capital; risks relating to litigation
and regulatory proceedings; uncertainties relating to availability and cost of
walnuts and other raw materials; increasing competition and possible loss of
key customers; and general economic and capital markets conditions.

CONTACT: Investors:
         Diamond Foods
         Linda Segre
         SVP, Corporate Strategy
         (415) 445-7444
         lsegre@diamondfoods.com
        
         Media:
         Sard Verbinnen & Co for Diamond Foods
         Stacy Roughan or Alyssa Linn
         (310) 201-2040 or (415) 618-8750
         sroughan@sardverb.com
         alinn@sardverb.com

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